📊 Market Drivers
• Current market pressure comes from global macroeconomic concerns — where bond yields are rising and global risks are affecting risky assets like crypto. This has caused many investors to choose a "flight to safety".
• Additionally, the short-term volatility for BTC has increased — the market seems to be anticipating significant fluctuations towards the end of the year.
• Investor sentiment is weak: the "capitulation" indicator for Bitcoin has reached an all-time high — indicating that many investors are giving up on losses.
🧑💼 Implications for Investors
• A rebound towards US$ 87,000 may only be a temporary correction — selling pressure remains high, especially if the global market remains unstable.
• If prices fall back and breach support around US$ 84,000–85,000, there is a risk of a deeper decline. Some analysts refer to the US$ 80,000 level or below as potentially critical zones.
• However, for long-term investors, this period of turbulence is sometimes seen as an opportunity to "buy the dip".
By ai
